FrieslandCampina explained

Royal FrieslandCampina N.V.
Type:Cooperative
Location:Amersfoort, Netherlands
Area Served:Worldwide
Key People:Jan Derck van Karnebeek (CEO)
Industry:Dairy
Revenue: €11.14 billion (2020)[1]
Operating Income: €268 million (2020)
Net Income: €79 million (2020)
Assets: €5.373 billion (2020)
Equity: €3.729 billion (2020)
Num Employees: 23,783 FTE (2020)
Parent:Zuivelcoöperatie FrieslandCampina U.A.

Royal FrieslandCampina N.V. is a Dutch multinational dairy cooperative which is based in Amersfoort, Netherlands. It is the result of a merger between Friesland Foods and Campina on 30 December 2008.[2] The European Commission approved the merger on 17 December 2008, on the condition that the new company divest some activities.[3]

It is one of the world's largest dairy co-operative and one of the top 5 dairy companies in the world with annual revenue of 11 billion euros (2016). FrieslandCampina has branch offices in 33 countries and employs a total of 21,927 people.

Its main brands are Friesche Vlag (or Frisian Flag in Indonesian market), Chocomel, Fristi, Friso, Dutch Lady, Milner, Campina, Landliebe, Optimel, Mona and "Mix'it".[4] FrieslandCampina's products are sold in more than 100 countries.

History

Royal FrieslandCampina is organized as a cooperative, with roots going back to 1871. It has grown through mergers and takeovers.

In late 1997, four Dutch dairy cooperatives merged to form Friesland Coberco Dairy Food. In June 2004, Queen Beatrix of the Netherlands granted FCDF Royal status. FCDF renamed itself Royal Friesland Foods.

Campina was created in 1989 by the merger of two regional dairy cooperatives, Melkunie Holland and DMV Campina. After this merger the company was named Campina Melkunie until it dropped the Melkunie part of the name in 2001.

In 2004, Campina and Arla Foods, a Danish dairy cooperative, announced plans for a merger,[5] but the plan was canceled in April 2005 for undisclosed reasons[6] although plans for other forms of cooperation are still said to be under consideration.

On 19 December 2007, Campina and Friesland Foods announced that the companies were exploring the possibility of a merger. The EU approved the merger of the two cooperatives provided that they sold off certain cheese and dairy drink divisions.[7]

FrieslandCampina's product range consists of milk, baby and infant food, dairy drinks, yoghurts, desserts, cheese, butter, cream, milk powder and ingredients from dairy. The fruit juices and fruit drinks, organized under the company name Riedel, were sold in 2017.[8]

Longevity Brand

In Vietnam, the U.S. and Canada the company is well known for its canned condensed milk product, Sữa Ông Thọ (Longevity Brand condensed milk), popularly used in Vietnamese iced coffee with milk (Cà phê sữa đá) drinks, and in various other Vietnamese desserts. Sữa Ông Thọ was mass-produced in the Saigon-Biên Hòa area and widely consumed in Vietnam, produced by Friesland Foods prior 1975. It was used in coffee, mixed with hot water to produce hot milk for babies and young children to drink (since fresh milk had to be imported and were thus expensive), dipped with French bread (Bánh mì) or in other dessert applications. After the 1975 Fall of Saigon, the factories manufacturing Sữa Ông Thọ, along with all other commercial and private properties were collectivized by the communists, and the facilities came under the state company Vinamilk, who continued to produce Sữa Ông Thọ condensed milk under the same name and used domestically and elsewhere in Indochina. Friesland Foods continued production of Sữa Ông Thọ – Longevity Brand after 1975 in the U.S. and Canada for the North American market, especially catering to Overseas Vietnamese consumers, and increasingly to Western consumers as the popularity of Vietnamese coffee and cuisine in general, increases. In North America, Longevity Brand – Sữa Ông Thọ is widely available in Asian supermarkets, and increasingly in conventional supermarkets.

Brand names

In Greece the company is known through the Nounou brand (Greek: Νουνου, ΝΟΥΝΟΥ).[9]

In Indonesia, the company is known through the Frisian Flag brand.

In Brunei, Hong Kong, Malaysia, the Philippines, Singapore and Vietnam, the dairy product for adult market is known through the Dutch Lady brand.

In Thailand, the company is known through the Foremost brand.

In Nigeria the company is known through the PEAK MILK brand.

Other brands include Yazoo milkshakes.

Brands with health benefit claims:

FrieslandCampina Vietnam Company Limited: Binh Duc 1 Quarter, Binh Hoa Ward, Thuan An City, Binh Duong Province, Vietnam.

Hoa Sen Group Corporation: No.9 Thong Nhat Boulevard, Song Than 2 Industrial Zone, Di An Ward, Di An City, Binh Duong Province, Vietnam.

Acquisitions (Campina)

In Germany, now Campina GmbH

Notes and References

  1. Web site: 2020 Annual Report . Royal FrieslandCampina N.V.. 2021-03-17.
  2. News: EC approves Friesland Foods-Campina merger . FoodBev Media . 2008-12-17 . 2022-11-19.
  3. News: Mergers: Commission clears proposed merger between Campina and Friesland Foods, subject to conditions . 2008-12-17 . 2022-11-19 . European Commission . en.
  4. Web site: Onze merken FrieslandCampina . 2022-05-01 . frieslandcampina.com.
  5. Web site: Food Ingredients & Food Science – Additives, Flavours, Starch. foodnavigator.com. foodnavigator.com.
  6. Web site: Food Ingredients & Food Science – Additives, Flavours, Starch . Foodanddrinkeurope.com . 2019-02-28.
  7. http://dealbook.blogs.nytimes.com/2008/12/17/eu-approves-campina-friesland-foods-merger/ Accessed 9 February 2009
  8. Web site: FrieslandCampina vindt koper voor sapdochter . 2022-05-01 . NRC . nl.
  9. Web site: FrieslandCampina. FrieslandCampina. 28 February 2019. 21 January 2019. https://web.archive.org/web/20190121113410/https://www.frieslandcampina.com/en/. dead.
  10. CMFocus 07-39 30 August 2007